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The purpose of this paper is to answer the question: does a bilateral free trade agreement (FTA) lead to an improvement in the security of a member country and greater peace between two member countries in the developing world?

This paper reviews existing literature and uses the idea of non‐economic gains from regional trading agreements to explain how Sri Lanka managed to use FTAs to neutralise India and obtain military assistance from Pakistan using its FTAs with two countries during the recently concluded war.

Even though political objectives were not explicitly outlined in Sri Lanka's two FTAs with its big rival neighbours (India and Pakistan), the FTAs helped Sri Lanka to successfully execute the war against the LTTE (the Tamil Tigers) by neutralising India on the one hand and gaining military assistance from Pakistan on the other.

The research approach is basically qualitative. However, there is need to develop a comprehensive theoretical model to capture non‐economics gains from FTAs.

Although there is a growing body of literature on the underlying political and strategic motivations of countries forming regional and bilateral trading arrangements, this paper adds to understanding of what motivates small developing countries to form trade agreements with big neighbours.

This study examines the propensity to innovate in automation of family firms (FFs) based on the socio-emotional wealth (SEW) perspective.

This study’s analysis is based on three aspects. First, the authors consider three main non-economic goals and priorities of FFs: the family’s relationship with employees (read as to care for their satisfaction and well-being); the inner pride of building and maintaining the family and firm image and reputation; and the inner feeling to be socially responsible. Second, the authors consider how these goals and priorities vary among FFs according to four dimensions: family ownership, the presence of family members on the board of directors, the involvement of young successors, and the presence of founding and later generations. Finally, the consequences of automation are considered: lower firm employment, lower employees’ satisfaction and well-being, and higher firm productivity. The analysis is based on a sample of 4,150 Italian firms.

The analysis revealed that FFs are less prone to innovate in automation than non-FFs. Specifically, family ownership, the presence of family members on the board of directors, and the presence of founding generation are negatively associated with innovation in automation. Instead, the involvement of young successors and the presence of later generation are positively associated with innovation in automation.

To the authors’ knowledge, this study is the first investigation that, based on SEW, examines how FFs act on the decision to innovate in automation, thereby providing empirical evidence.

The purpose of this paper is to review family businesses as a subset of sustainable entrepreneurship. It is intended that another avenue of scholarship for the growing interest in family businesses and their continuity across generations will be outlined.

Relevant journal articles were selected and broadly analysed to gather an understanding of the current state of existing sustainable entrepreneurship literature. The main themes extrapolated related to sustainable entrepreneurship and potential directions for future research.

Although sustainable entrepreneurship has been traditionally concentrated in the environmental and social responsibility literature, there are emerging paths where family businesses can be considered alongside community-based enterprise.

The findings suggest that future research into sustaining family businesses across generations could be situated under sustainable entrepreneurship scholarship.

This paper presents a novel review and summary of recent literature at the juncture of family business and sustainable entrepreneurship. It is useful for directing scholars towards an avenue which has not traditionally had attention from family business researchers.

This study aims to explore the process of women entrepreneurship in India from a social perspective using the concept of entrepreneurship as emancipation.

An interpretive approach is applied to address the study objectives, and based on an inductive method, the non-economic antecedents that led women to start entrepreneurship ventures are explored using 33 in-depth interviews. The study explores beyond the motivations and investigates the social process through which a women entrepreneur passes through after taking the decision to start a business venture.

Major findings indicate entrepreneurship as a change process where changes in both the entrepreneur and her social surroundings are observed with time. More detailed analysis reveal opposing (the entrepreneur) social forces in the initiation phase but more supportive social set up in the later phases of the entrepreneurship. The results support the process of entrepreneurship as emancipation (with stages such as seeking autonomy, authoring and declaring).

The present study supports the concept of entrepreneurship as an emancipation process, and how it unfolds as a gendered process in a society where women (in general) are still not treated as equals.

The study has practical implications for entrepreneurs and their stakeholder networks.

The findings have novel social implications on how a broader social structure has an influence on the entrepreneurship journey of a woman.

To the best of the authors’ knowledge, this is the first study to explore the phenomenon of entrepreneurship as an emancipation for women entrepreneurs of elite families in a developing nation who have started their business from non-economic needs.

This paper aims to explore how immigrant small business owners construct entrepreneurial identities by deploying strategies of boundary making in Hong Kong.

Conceptually, it departs from the theoretical discussions of immigrant economy and ethnic boundary making. The analyzes are based on qualitative data collected from in-depth interviews and participant observation primarily in the South Asian immigrant economies in Hong Kong in the period 2014-2017.

Four strategies of boundary work including blurring boundaries, inversion of boundaries, personal repositioning and reconfirming of boundaries are identified. They bring to light that small immigrant entrepreneurs in Hong Kong still encounter considerable obstacles in the process of social integration. Boundary work serves as strategies to release sentiments that would symbolically bring them closer to the mainstream society. Following the “city as context” framework (Brettell, 1999; Foner, 2007), this paper argues that the various boundary making strategies have been shaped by the legacies of racism, neoliberal governance of integration and urban work ethos highlighting problems and individual responsibilities in Hong Kong.

This paper contributes to the literature of the immigrant economy and social integration. First, it sheds light on the role of symbolic meanings and non-economic gains of immigrant entrepreneurship in social integration. Second, it illuminates our understanding that immigrant economy can provide a channel for advancing and weakening social status, thus reminding us not to assume the path of social integration as a straightforward and positive one.

Much of the success of a relationship marketing program rests on the consumers' choice to participate in a service relationship in the first instance. The purpose of this study is to examine the degree to which this desire of the consumer to engage in a relationship impacts on their perceived cognitive‐state gains (motivation, confidence and affiliation) and key measures of consumer‐to‐business relationship success (relationship strength, satisfaction and retention intentions).

Following a qualitative study, the main quantitative study used a self‐administered survey of 334 service consumers to understand relationship perceptions. Structural equation modeling was then used to test the hypotheses.

Analysis revealed that consumers desire to participate in a relationship influenced their level of motivation, degree of confidence and these, in turn, impacted on the consumers' sense of affiliation with the service provider. A consumer's sense of affiliation subsequently influenced the strength of their relationship and their level of satisfaction with the relationship. Additionally, the effect of relationship desire on relationship strength and satisfaction was apparent. Consumers' desire indirectly impacted on retention intentions, suggesting that service managers should be careful not to assume that consumers' deliberate choice to participate in a relationship will routinely result in loyalty.

Practitioners and academics have sought to determine why some consumers, and not others, participate in relationships. This study adds to knowledge in this area by empirically demonstrating the extent to which the desire of a consumer to participate in a service relationship effects the gains accrued to the consumer and the relationship outcomes.

Entrepreneurship is a mechanism that generates economic benefits. However, due to the emergence of the concept of sustainable development as an urgent issue that is affecting the globe, it is emphasized that entrepreneurship should generate sustainable wealth rather than just wealth. Therefore, the sustainable entrepreneurship (SE) notion has received rising interest lately. Nowadays, many business organizations in the Balkan region are moving toward sustainable solutions and there is a need to share knowledge on the best practices of SE. This chapter provides a detailed description of sustainable entrepreneurship drivers and outcomes with a focus on the challenges and perspectives of sustainable entrepreneurship in North Macedonia (NM). The case of Ecolog discussed in the chapter is an excellent example of its leadership in sustainable entrepreneurship and its positive impact on the community and wider. Lessons from challenges and best practices of sustainable ventures in NM are provided together with suggestions for these practices to be adopted in other countries associated with the actions required for implementation.

The purpose of this paper is to delve into the intricate depths surrounding the development of sustainable supply chains by conceptualizing the elemental aspects of superior performance in sustainable supply chain management (SSCM).

The paper is conceptual in nature and is grounded in the theories of SSCM and knowledge-based view.

The findings outline the elemental background processes governing the implementation of SSCM practices and superior performance outcomes. The conceptualization suggests that the superior performance of a sustainable supply chain is elementally dependent on the intricate efforts – to enrich the supply chain knowledge base with perspectives on SSCM. Thereby, these intricate efforts are delineated along the arcs of supply chain leadership, supply chain learning orientation, supply chain knowledge management (SCKM) and supply chain knowledge transfer. As such, while an SSCM orientation within the supply chain leadership is helpful in offsetting the inertia among the supply chain members to channelize intricate efforts in SSCM, the SSCM-based supply chain learning orientation further orientates the SSCM efforts of supply chain members toward the excavation of new knowledge in the frame of SSCM. Subsequently, the arcs of SSCM-based SCKM and SSCM-based supply chain knowledge transfer characterize the finer spaces of knowledge excavating actions, essential for enriching the supply chain knowledge base with perspectives on SSCM.

This conceptualization facilitates intriguing theoretical explanations to the linkage between SSCM implementation and superior performance outcomes. Specifically, from the knowledge-based angle, it delineates the root causes governing the superior/inferior nature of SSCM outcomes.

This paper aims to examine the role personal values play in investment decision-making processes among Ghanaian shareholders.

In consequence of the recent emergence of the issue of corporate governance practices in Ghana, and the kind of the research objective of this paper, a mix of qualitative and quantitative methods was used. These methods were used in two stages. The first stage was qualitative, which purposively selected 20 individual shareholders to solicit their perspectives on how personal values influence investment decisions. Their responses were used to construct the content of this enquiry. The second stage, which was quantitative, used stratified sampling technique to select 503 individual shareholders to confirm the responses obtained from stage one of the enquiry.

The findings of the study reveal that individual shareholders in Ghana hold value priorities and that honesty, a comfortable life and family security play a significant role in their lives and their investment decision-making processes, and the kind of companies they choose to invest in. Also, to Ghanaian individual shareholders, there is a clear distinction between a comfortable life and a prosperous life in the sense that they are not incentivized more by the latter but by the former in their investment decisions.

The results can inform corporate directors and managers what values are considered in investment decisions, and that it is not purely financial. With these results, they can be informed that while some financial values are important, it is just to live a comfortable life and not a prosperous life. This may influence these directors and managers to have a more long-run focus and to have more of a corporate social responsibility (CSR) focus by putting implementable measures in place to tackle corporate responsibility issues and to take up a responsibility for their CSR feat. Also, the results can be used for public policy in that if regulators find out that more CSR-type information is important to investors, they might require additional CSR-type disclosures in financial statements.

This paper contributes to the knowledge on the stakeholder perspective of corporate governance that individual shareholders’ personal values have influence on their investment decisions and the choice of companies they invest in.